Latest News - page 1392


PNOC, CNOOC to Start Offshore Exploration Venture by 2021

Oct 20, 2020

The president of the exploration arm of the Philippine National Oil Company (PNOC) said on Tuesday the company aimed to start an energy exploration venture with China National Offshore Oil Corp (CNOOC) in the South China Sea by 2021.PNOC was…

CNOOC Hires Stena Drillship to Drill Offshore Canada

Oct 20, 2020

Chinese oil company CNOOC has signed a contract with offshore drilling rig provider Stena Drilling for the use of the Stena Forth drillship in Canada.CNOOC will use the 228 meters-long drillship to drill one well in the Flemish Pass, offshore Newfoundland and Labrador…

Grounded Offshore Rig Limits Sabine Pass Ship Traffic

Oct 20, 2020

The U.S. Coast Guard said on Monday that a large semi-submersible rig drifted into and ran aground in the Sabine Bank Channel, limiting vessels entering the Sabine-Neches Waterway to those with a maximum draft of 32 feet (9.8 meters).The waterway…

Losing Control? Norway's Oil workers Fear for Future as Platforms Go Remote

Oct 20, 2020

A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has rekindled concerns among Norwegian unions over the impact on the safety of offshore workers and the loss of well-paid jobs.These fears were highlighted by Lederne…

Lounsbury Joins Harvey Gulf Subsea Solutions

Oct 19, 2020

U.S.-based Harvey Gulf Subsea Solutions said it has appointed LaDawn Lounsbury to its Business Development Team.Lounsbury brings to the position extensive subsea background and well-established client relationships, having previously held roles with Helix…

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Tribology

Oct 19, 2020

Tip #1: Tribology - Assume All Hydraulic Components are Designed EquallyBelieve it or not, maintenance begins during the design phase. Moving parts create friction, and friction can lead to wear, ending in premature failure, especially when tribology is ignored…

Hydromea Launches LUMA X, Wireless Underwater Optical Modem

Oct 19, 2020

Hydromea launched a new patent-pending subsea wireless communication modem LUMA X. The LUMA X can beam data using light at up to 10 Mbit/s with a 120-degree cone. With that, the LUMA X enables real-time streaming of HD-quality video and 4K images…

Ultrabeam, USS team up to deliver Autonomous Pipeline Survey

Oct 19, 2020

Ultrabeam Hydrographic teamed up with Unmanned Survey Solutions (USS) to conduct a pair of subsea gas pipeline inspection surveys in Northern Ireland.   Both companies are based in the UK and offer unmanned platforms as an alternative to traditional manned survey vessels…

Offshore Surveyors OFG, EMGS Enter CSEM Tech Pact

Oct 19, 2020

Canadian offshore survey firm Ocean Floor Geophysics (OFG) and its Norwegian counterpart Electromagnetic Geoservices ASA (EMGS) have signed a cooperation agreement.Under the agreement, the two offshore surveyors have agreed to work together…

Russia, Saudi Arabia Discuss Volatile Oil Market

Oct 19, 2020

The world's two largest oil exporters, Russia and Saudi Arabia, are in talks on how to support volatile oil markets, the Kremlin said on Monday as rising coronavirus infections worldwide curb fuel demand.An OPEC+ ministerial monitoring committee…

Greece's Offshore Gas Storage Facility Attracts Three Bids

Oct 19, 2020

Greece has received three initial bids for a contract to develop and run an underground gas storage facility in the northern Aegean Sea, the country's privatization agency said on Monday.The agency (HRADF), which manages the concession, said…

Oceaneering ROVs for Harvey Gulf Subsea Solutions

Oct 19, 2020

U.S. subsea services firm Harvey Gulf Subsea Solutions has selected Oceaneering for ROV and support services onboard its four Jones act compliant offshore vessels. Oceaneering will provide eight Millennium Plus ROV systems, personnel, and accompanying…

TDI-Brooks Wraps Ivory Coast Offshore Survey for Total

Oct 19, 2020

TDI-Brooks International, in partnership with the French environmental firm Créocéan and Benthic Solutions, has completed an Environmental Baseline Studies (EBS) for the oil major Total offshore the Ivory Coast.The survey was conducted over offshore blocks CI-705 and CI-706…

Caspian Sunrise Buys Shallow Water Drilling Vessel

Oct 19, 2020

Caspian Sunrise, an oil and gas firm focused on Kazakhstan, has completed the acquisition of the Caspian Explorer drilling vessel, marking the company's step into offshore drilling.The company, mostly focused on onshore oil and gas activities…

Equinor Grants Open Access to Offshore CCS Project Data

Oct 19, 2020

Oil company Equinor, with partners Shell and Total, will grant open access to data from the 31/5-7 Eos offshore well drilled earlier this year as part of the Northern Lights carbon capture and storage project.The Northern Lights is a project sanctioned in May 2020…

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